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China's service trade posted a deficit of 7.3 billion, up from .6 billion three months earlier. The spending on trips, transport, and intellectual property rights contributed to the bulk of the deficit.

China's volunteer rescue force has been developing very rapidly in recent years, especially after the devastating magnitude 8 earthquake in Wenchuan, Sichuan province in 2008. According to the Ministry of Civil Affairs, there are over 1,200 civilian rescue teams in the country.

Chinese EPO Fashion Group, which owns the MO&Co and Edition brands, announced Monday night it closed 14 stores in Hong Kong due to the serious impact on fashion retail from social and economic turbulence.

China's tech boom has spurred a wave of technological innovations to aid the country's anti-virus battle, from rapid test kits for the novel coronavirus to new temperature detectors.

China's two most influential cities, Beijing and Shanghai, are predicted to rank among the top 10 cities with the highest forecasted GDP for 2022 in constant prices, according to the Wealth Report released by Knight Frank last month.